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$ZEC 4-hour pullback to the lower band support, and a rebound is about to be triggered!
Yesterday, ZEC, after touching the 360 area, met selling pressure and fell back; the whole day showed a choppy downward trend, with the low probing to around 340. Overall market sentiment was weak, but ZEC displayed clear downside resistance at a key support level.
From the 4-hour chart, ZEC has now pulled back to around 339 on the lower Bollinger Band and has received initial support at this level. Technical indicators show a typical rebound setup: the KDJ indicator is dulling in the oversold zone (J value 10.6), a golden cross is imminent, and short-term rebound momentum is building.
Go long directly around 340, first target 355; if it breaks through, look for 370.
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